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HomeBusinessStock exchange in Frankfurt: the Dax remains under pressure

Stock exchange in Frankfurt: the Dax remains under pressure

Stock exchange in Frankfurt
The Dax remains under pressure

The Dax is the main stock index in Germany. Photo: Fredrik von Erichsen/dpa

© dpa-infocom GmbH

Also on Tuesday, the Dax is in the reverse gear on the go. The German leading index fell in early trading 0.24 per cent on 12.823,40 points, following his previous day’s loss.

Also on Tuesday, the Dax is in the reverse gear on the go. The German leading index fell in early trading 0.24 per cent on 12.823,40 points, following his previous day’s loss.

For uncertainty, the increasing Corona new infections in many countries and the fear of re-lock downs continue. The MDax of the 60 medium-sized Stocks rose 0.07 percent to 27.835,16 count. The Euro-zone leading index EuroStoxx 50 lost around 0.1 percent to 3240 points.

The shares of Jenoptik fell by 5.5 percent. The technology group reduced its sales target for 2020. The previous market expectations would have even still been on the old sales target, said a broker, the violent market reaction.

The car manufacturer, BMW recorded in the last quarter, as well as rival Daimler is a surprisingly good development of the financial resources. Between July and the end of September, the group have recorded in its core business with the automobile manufacturing an inflow of 3.07 billion euros, informed BMW, surprisingly, on Monday evening. Thus, the group beat, according to preliminary data, the current market expectations, it said. BMW-papers reacted to the news.

The pharmaceutical and laboratory equipment Sartorius benefits in the Corona of a pandemic of good shops. After a strong growth in the first nine months of lower Saxony in terms of sales and profitability are now even more optimistic for the year as a whole. The shares climbed in early trading to a record high in 396,60 Euro and crumbled afterwards. Most recently, she recorded around 4.7 percent in the Plus at 390,80 Euro.

The rapid increase of the Corona-winner Teamviewer has moved its major shareholder, seems to have Kasssemachen. The financial investor Permira advised investment vehicles TigerLuxOne announced the sale of more than eleven percent of the share capital of the provider of remote maintenance and video software. The 22 million shares were sold for 42,25 EUR per piece. The shares of Teamviewer decreased by 6.4 percent to 43,14€. However, the rate has increased since the beginning of the year to almost 50 percent.

dpa
Matthew Velterhttps://etrendystock.com/
With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

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